Home › Citing Slow Sales, Caterpillar Announces Layoffs and Reorganization
 

Keywords :   


Citing Slow Sales, Caterpillar Announces Layoffs and Reorganization

2015-09-28 23:24:00| ENR.com: Headline News

Facing soft demand in the mining sector and slow overall global sales, Caterpillar Inc. announced on Sept. 24 that it would be reducing its workforce by at least 4,000 to 5,000 employees, with total reductions of 10,000 possible through 2018.

Tags: sales slow citing announces

Category:Construction and Maintenance

Latest from this category

All news
»
15.05Easing US inflation stokes interest rate cut debate
15.05Free From Skincare Award Finalists Announced
15.05Sub-postmasters are self-indulgent, said PO exec
15.05Axalta Hosting Strategy Day; Outlining Three-Year Plan for Accelerating Performance
15.05Pork has its place in healthy, sustainable global diets
15.05BASF Paves the Way for Young Painters at WorldSkills Finals Lyon 2024
15.05Orchard Custom Beauty to Showcase New Product Concepts at PLMA World of Private Label in Amsterdam
15.05Sontara Offers Sri Flo Wipes
More »